Love to see a guy make a buck, glad the cars are worth a premium, but real guys who want to drive em like they were built and dont yet own one are going to have to sweep them up soon while they are remotely affordable. I bought my 68 gt350 in the spring, it cost me more than I wanted to spend, but it was the cheapest one I could find at the time. It has cost me a bunch to get it road worthy. My guess is if the eccononmy is good in 2006 you will not find many out there less than 90 k. Base price, plus transportation, plus repairs, and a paint job puts mine at a cost basis of mid ninties. That's for a 68 gt350. Think about it. We need to all think about squishing look alike clones to protect real shelbys, bosses, and mach 1's values. Kind of like fake rolex watches. When everyone is wearing a fake, why wear a real one. The Elinors look enough different, and they are keeping thier prices up. The Elinors are a differnt kind of deal with all that hood and today hipo stuff. What can kill you is a look alike clone down to minute details so exact you cant tell the differnce between a real one and a fake. When your car is worth 75- 150 plus, you need to protect the investment.
Back in the late 80's these cars were going for approx. the same #'s that todays cars are going for now, that's was because of Japan econ. at that time. They were buying everything in sight & over paying on everything Shelby's encluded. When there economy tanked & things came crashing down ,in the 91 & 92 era there were alot of G.T.500's around going on average for about 20 grand. In the mid 90's I started looking for a 68, & everything I saw I didn't like. Did not want a 67 or 69, had to be the 68. Make a long story short, in Fl. looking at some cars, Wife was looking thru Hemmings & sported an enteresting car, the tell. # was the next town over from me at home, called an said I would see him at the end of the month.I was the first to call & said he would save it until I saw the car. [ bot the car even if it was 3000 more than I wanted to pay, but was getting tired running up & down the east coast. ] found out later from someone else he just could not sell the car. I personally do not like seeing the price appre. so rappidly, it makes my premums cost more.---S.
Is it not a little fishy that this car was bid so close to the reserve and no one would pony-up the last $100 to push it over.
Not really, what happen is the seller lowered his reserve and it will only go $1.00 above the high bidder. This gives the bidder a way out if he decides he doesnt want the car etc.